Genco Shipping & Trading Limited (GNK) – What Are Researchers Saying About This Stock?

Posted by Brenda Bartman on Nov 4th, 2026

Shares of Genco Shipping & Trading Limited (NYSE:GNK – Get Free Report) have earned an average recommendation of “Hold” from the five ratings firms that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $29.00.

Several equities research analysts recently commented on the company. Weiss Ratings cut Genco Shipping & Trading from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, October 26th. BTIG Research dropped coverage on shares of Genco Shipping & Trading in a report on Friday, September 18th. They set a “neutral” rating for the company. B. Riley Financial restated a “buy” rating on shares of Genco Shipping & Trading in a report on Friday, August 7th. Finally, Zacks Research lowered shares of Genco Shipping & Trading from a “hold” rating to a “strong sell” rating in a research report on Monday, October 5th.

Get Our Latest Analysis on Genco Shipping & Trading

Genco Shipping & Trading Stock Performance

Shares of GNK stock opened at $24.79 on Friday. The business’s 50 day moving average is $26.40 and its two-hundred day moving average is $24.35. Genco Shipping & Trading has a 12-month low of $15.58 and a 12-month high of $28.42. The company has a market capitalization of $1.08 billion, a P/E ratio of 19.19, a P/E/G ratio of 2.90 and a beta of 1.08. The company has a current ratio of 2.97, a quick ratio of 2.41 and a debt-to-equity ratio of 0.36.

Genco Shipping & Trading (NYSE:GNK – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The shipping company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.60 by $0.05. The company had revenue of $136.41 million during the quarter, compared to analyst estimates of $90.59 million. Genco Shipping & Trading had a net margin of 9.15% and a return on equity of 6.46%. The firm’s revenue was up 68.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.16) EPS. Analysts expect that Genco Shipping & Trading will post 2.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Genco Shipping & Trading

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GNK. Blue Trust Inc. lifted its stake in shares of Genco Shipping & Trading by 230.1% in the 1st quarter. Blue Trust Inc. now owns 1,347 shares of the shipping company’s stock valued at $30,000 after purchasing an additional 939 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Genco Shipping & Trading during the 2nd quarter worth $35,000. Global Trust Asset Management LLC acquired a new stake in shares of Genco Shipping & Trading during the 1st quarter worth about $45,000. Fortitude Family Office LLC increased its position in shares of Genco Shipping & Trading by 697.2% during the 3rd quarter. Fortitude Family Office LLC now owns 2,280 shares of the shipping company’s stock worth $60,000 after purchasing an additional 1,994 shares during the last quarter. Finally, Summit Securities Group LLC acquired a new stake in shares of Genco Shipping & Trading during the 1st quarter worth about $63,000. Institutional investors and hedge funds own 58.62% of the company’s stock.

Genco Shipping & Trading Company Profile

(Get Free Report)

Genco Shipping & Trading Limited (NYSE:GNK) is a drybulk shipping company that owns and operates a fleet of oceangoing vessels. The company transports essential commodities, including iron ore, grain, coal and other major and minor bulk cargoes, for customers around the world.

Genco’s fleet includes large Capesize vessels as well as Ultramax, Supramax and Handysize ships. These vessels serve different segments of the drybulk market and support the movement of raw materials used in energy production, agriculture, construction and industrial manufacturing.

Founded in 1997 and headquartered in New York, Genco serves international trade routes across major global commodity markets.